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What is the payback period for the following set of cash flows? (Round your answer to 2 decimal places, e.g., 32.16.) Year Cash Flow 0
| What is the payback period for the following set of cash flows? (Round your answer to 2 decimal places, e.g., 32.16.) |
| Year | Cash Flow | ||
| 0 | $ | 5,500 | |
| 1 | 1,550 | ||
| 2 | 1,750 | ||
| 3 | 2,150 | ||
| 4 | 1,650 | ||
| Payback period | years |
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Problems In Portfolio Theory And The Fundamentals Of Financial Decision Making
Authors: Leonard C Maclean, William T Ziemba
1st Edition
9814749931, 978-9814749930
